It ostensibly outlines the economic vision as a revival plan for America’s working class but reads more like campaign rhetoric than grounded policy. Framed as a moral reckoning with the past failures of globalization, it blames neoliberal trade policies—particularly China’s WTO entry—for decades of American decline.
renegotiated trade via tariffs, permanent tax cuts, and sweeping deregulation
Yet it glosses over the known downsides of tariffs (consumer price hikes), omits how tax cuts have ballooned the deficit, and offers little evidence deregulation alone can rebuild U.S. manufacturing.
Perhaps most questionable is the implication that Trump’s policies are already working. The op-ed cites a few months of jobs data and lower inflation as signs of momentum, despite widespread consensus that macroeconomic trends are shaped by longer-term dynamics, including Fed policy and global conditions.
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The Journal is gated, here is the link if you want and can access it.
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